Monday, March 19, 2018, 7:57 a.m.

Fed’s help to stay put for awhile, Yellen says

By JEFF KEARNS AND CRAIG TORRES BLOOMBERG NEWS

Easing investor concern that interest rates would rise earlier than previously forecast, Federal Reserve Chairman Janet Yellen said Monday that the central bank’s unprecedented stimulus will be needed for “some time.” Yellen, citing the examples of three people struggling to find work, used a speech at a Fed community development conference in Chicago to make the case for continued Fed stimulus, which has included more than five years of interest ...